Vp Audit, Professional Practice - Toronto, Canada - TD Bank

TD Bank

Verified Company

Toronto, Canada

4 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

VP Audit, Professional Practice:

BR

Job Category - Primary

Audit

Work Location

TD Centre
TD Tower 66 Wellington Street West

Employment Type

Regular

City

Toronto

Time Type

Full Time

State

Ontario

Hours

37.5

Department Overview

Our team of trusted Internal Audit professionals serve as the Bank's third line of defense. We provide objective and independent assurance to the Board of Directors, which is designed to add value and improve the Bank's operations. The Internal Audit Division considers the Bank's strategies, objectives, risks, and culture when it evaluates the reliability and effectiveness of key elements of the Bank's governance, risk management and internal control processes using a systematic, disciplined riskbased approach.
Safeguarding TD's reputation depends on us. We're counted on to provide recommendations to continually improve performance, and to assess adherence to internal standards and external regulations. We crunch the data, consult with our partners and stakeholders, and present our findings to mitigate the risks of today as well as those around the corner.

Vice President Profile:

Vice Presidents (VPs) at TD Bank Group contribute to the overall reputation of TD.

As executives, VPs help to set the ethical, organizational and performance standard for the teams they lead and exemplify how an effective performance and development culture functions day to day.

A VP is expected to guide their team, collaborating as appropriate with TD partners, to deliver superior results in both the short and long term.

Audit VPs are members of the Audit Senior Management Team (SMT).

VPs promote adherence to TDBG's vision and purpose to be the better bank, and to enrich the lives of customers, communities and colleagues.

As part of the general management of their function, VPs are accountable to deliver against TD's five shared commitments:

Think like a customer; provide legendary experiences and trusted advice
Act like an owner; lead with integrity to drive business results and contribute to communities
Execute with speed and impact; only take risks we can understand and manage
Innovate with purpose; simplify the way we work
Develop our colleagues; embrace diversity and respect one another

Job Details

The VP Audit, Professional Practice reports to the SVP & Chief Auditor with dual reporting to the SVP & US Chief Auditor and is a member of the Audit Senior Management Team.
The VP Audit, Professional Practice will be responsible to lead all functions within this area.

The general accountabilities of this role include, but are not limited to the following:

Leading the endtoend development, implementation and ongoing execution of functions within the Professional Practice team for the Global Internal Audit Division including the following teams:
Methodology, Strategy, Governance, and Quality Assurance & Improvement Program
Business Management
Data and Analytics
Ensure methodologies and practices adhere to the Institute of Internal Auditors (IIA) standards as well as regulatory requirements and expectations across all jurisdictions, through implementation of leading methodologies, practices, training and other Peoplerelated programs, as well as evaluation of compliance with policies and practices.
In coordination with the Chief Auditor(s) and Senior Management Team, evolve the short and longterm Global Audit strategic priorities, and oversee effective execution of implementation.
Promote operational excellence amongst the various operations within Global Audit.
Design and execute meaningful reporting of Audit results across all stakeholders.
Develop and deliver an effective Data Analytics strategy to enhance the effectiveness and efficiency of the work within our Audit teams.
Continually learn and innovate, informed by a strong internal and external network.
Effectively interact with stakeholders, both internal and external.
Attract, develop and retain talent and maintain an active talent pipeline
Lead and/or participate in workstreams related to Internal Audit's involvement in relevant Bank priorities.
Serve as a member of the Audit Senior Management Team (SMT) to provide valuable insights and build strong partnerships within the SMT, as well as coordinating SMT interactions.

Job Requirements

Undergraduate degree required; Post Graduate degree preferred
Professional Accreditation such as Chartered Professional Accountant, Certified Public Accountant, Certified Regulatory Compliance Specialist or Certified Internal Auditor would be an asset

Qualifications/Skills/Experience:

Previous experience developing and executing on strategies and delivering superior results in both the short and long term
Previous experience establishing or advising the establishment of a bestinclass Audit Function in a large complex global organization (Financial Services experien